If managed well, it can be a reliable way to build cash flow—just do your research on the local demand and regulations.

Tried, tested and reliable. 

10% is probably a little steep, and like John said, a flat fee may be more reasonable.Setting up a proper STR is not cheap, but once you are set up properly, you deal with routine breakage.I recommend managing yourself and saving the 20% personally, getting a rockstar cleaning team and a reliable handy person, using something like Hospitable that can help automate messaging when listing, and reading the book from the bookstore here called Short-Term Rental, Long-Term Wealth.

I’d love to hear more about your go-to strategies there.And I couldn’t agree more about LTRs being reliable, especially in a college town like Waco.

The WA state credit union wherehe wanted to establish himself with a checking/savings accountrefused to take him. 800 credit, federal worker, very reliable, butout of state ID.

Would we be able to put the home in the Holding LLC since our names are directly on it (albeit a Delaware LLC meant to hide our identities)?

@Darrick Lowe, We just had a situation nearly identical to this-  Eastern PA.

Here are a few:Pros: -Reliable rent paid every month-Stable tenants that typically stay in the unit for a long time-Purchase prices are typically lower so easier barrier to entryCons:-Getting the files onboarded and processed is very tedious.  

The project is expected to create thousands of jobs and contribute billions to Pennsylvania’s economy, signaling a significant shift toward nuclear power as a reliable energy source for tech infrastructure.

Either buy a home (may be new home) and rent it out - but property tax going up, home insurance going up (30%), mortgage rates high, property prices high, then have to manage anything breaking down and I am not good at fixing things so I need to know reliable companies which don't over charge or let management companies take over but they charge 10% and already worried if there will be cash flow in current market.I was suggested to invest in syndication and have attended few investment presentations.